Provides for the annexation of specified property to be added to the corporate limits of the Town of Yanceyville. 

Amends GS 160A-58.4 to provide that satellite corporate limits are considered a part of the city's corporate limits for the purposes of extraterritorial land use regulation but not for purposes of abatement of public health nuisances (previously, satellite corporate limits cannot be considered a part of the city's corporate limits for the purposes of extraterritorial land use regulation or abatement of public health nuisances). Provides that above provisions apply only to the satellite corporate limits as annexed by this bill. 

Provides that no approval from or agreement with Caswell County is required prior to the exercise of annexation authority pursuant to GS 160A-360 by the town of Yanceyville in an area not to exceed one mile from the satellite corporate limits as described above. 

Effective July 1, 2015.